Replies to post #9296 on Momenta Pharmaceuticals, Inc. (MNTA)

[DewDiligence]

Do you have so little self-understanding that you don't realize the effect of your posts? …when you post about the possible value of the company based upon a sum-of-the-parts, don’t you think that you are establishing expectations that that value will be realized soon?

The value drivers for MNTA have disparate timeframes—not all of them are things that can happen soon, but some of them are.

Valuation is the premise for my owning the stock, so naturally I conduct sum-of-parts valuation analyses based on probability-weighted outcomes. Every serious analyst does the same thing, although their opinions vis-à-vis the probabilistic outcomes may differ greatly from mine. That’s what makes a market.

In short, I don’t agree with your characterization of trying to gauge MNTA’s valuation as seeking “immediate gratification,” but you’re entitled to your own opinion.